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Trading Recommendations for Bitcoin on May 7: ICT Trading System Analysis
The situation in the cryptocurrency market
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The situation in the cryptocurrency market remains unfavorable for traders. Despite a sustained downward trend and no signs of a change toward a bullish scenario, Bitcoin has been rising for almost 3 months now. The nearest "bearish" FVG on Bitcoin's upward path elicited only a very weak market reaction, and the cryptocurrency's current rise cannot be considered strong either. It remains a correction; however, the first significant POI for sales was largely ignored (but the pattern has not yet been
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
Analytic
Stanislav Polyanskiy
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